FG Begins 13% Derivation Template Review, HOSCON Confirms …Seeks $14bn Gas Flare Penalty Levy For Communities

The Host Communities of Nigeria Producing Oil and Gas (HOSCON), has disclosed that the Federal Government is currently working with oil-producing communities in the country to review the template for the payment of the 13 per cent derivation of revenue generated from oil and gas directly to host communities.
In an interview with newsmen in Abuja, National Chairman of HOSCON, Mr Mike Emuh, said…

CONTINUE READING»

Stay up-to-date

Subscribe now for weekly news headlines roundup delivered directly to your inbox.

Thank you for subscribing.

Something went wrong.